Category - Rep. Scott Kawasaki

Rep. Kawasaki's Juneau Note

Rep. Kawasaki’s July 18th Newsletter: Oil Taxes, Capital Budget and Great Fairbanks Events

Late last Saturday night, the House and Senate formed a compromise on HB 111 to eliminate cash credits to oil companies. The House passed the bill by a vote of 33-6 and Senate passed it 18-0. After weeks of negotiating, the bill is estimated to save the state about $200 million per year by ending the cash subsidies retroactively to July 1, 2017 over 10 years. With some limitations, companies can instead claim tax deductions when they start producing oil.

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Rep. SCOTT KAWASAKI

Toll-Free +1 866 465-3466

STAFF:
Mercedes Colbért
Chief of Staff
+1 (907) 456-7423
Mercedes.Colbert@akleg.gov

Capitol: January-April

Address: Room 502 Capitol Bldg.
                 Juneau, AK, 99801
Phone: +1 907 465-3466
FAX: +1 907 465-2937
Email: rep.scott.kawasaki@akleg.gov

Fairbanks: May-December

Address: 1292 Sadler Way Suite 308
                 Fairbanks AK, 99701
Phone: +1 907 456-7423
FAX: +1 907 451-9293
Email: rep.scott.kawasaki@akleg.gov